Godrej acquires Muuchstac for ₹449 crore
after close1 source ↓written by the desknot a recommendation
- of Muuchstac
- ₹449 crore acquisition
- Acquisition value
- ₹449 crore
Godrej Consumer Products Limited has completed the ₹449 crore acquisition of Muuchstac, a brand specializing in men's grooming and skin care products, from Triology Solutions Private Limited. The deal was structured as a slump sale on a going concern basis. This acquisition may enhance Godrej's portfolio in the personal care sector, potentially boosting market presence.
• Acquisition value: ₹449 crore
• Brand focus: Men's grooming and skin care
• Advisory: Khaitan & Co.
Not investment advice. For informational purposes only.